Poker, crypto trading, random... - Page 15 - Poker Blogs and Goals -- Two Plus Two Poker Forums

If you ever tracked the BTC price in the early days market conditions would be changing every other week!

Let's say you buy BTC today at just under $52k. At what point would you consider market conditions to have changed? If it drops 50% and goes to $26k would you conclude market conditions have now changed?

I'm still trying to work out whether you have an exit strategy with your trading as you've been somewhat evasive with your responses about that aspect. If you're a HODL or die person that's fine but would be interesting to hear about your trading plan.

trading plan is according to the trend, if trend is bullish I buy HL and sell HH
if things go south I reduce my position and trade new trend
thats why probably no one should be trading more than 1.5x-2x margin if a trend reversal can happen( risk management)

03-25-2021 , 02:19 PM

#352

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,008

Quote:

Originally Posted by oneselfishguy

So you're long. Things go south and reduce your position.

New trend becomes bearish. Does that mean you scratch your long positions and start shorting?

03-25-2021 , 02:25 PM

#353

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Quote:

Originally Posted by Masq

So you're long. Things go south and reduce your position.

New trend becomes bearish. Does that mean you scratch your long positions and start shorting?

Even if the trend is bearish that doesnt mean there are no new long opportunities, its less % gain and more risk, but can still make long and close entirely position and wait for better spots

03-25-2021 , 02:29 PM

#354

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,008

Sure...that's called counter trend trading. But it can be like swimming against the tide at times.

03-25-2021 , 08:49 PM

#355

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Decent session to reach diamond club elite, 200.025$ rake( waiting tomorrow confirmation from partypoker manager)

So going to Bahamas in November( if there is no pandemic) to play the lottery tournament

Last edited by oneselfishguy; 03-25-2021 at 09:03 PM.

03-26-2021 , 05:49 PM

#356

PlasticElephant

Coach NLHE

Join Date: Jan 2013 Posts: 2,305

Masq has kind of outlined perfectly the flaws in your trading strategy for you, almost all I've read here on the investment front is borderline delusional.

On the positive side, diamond elite is a really sick achievement playing 200 so major props for that.

03-26-2021 , 08:29 PM

#357

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Quote:

Originally Posted by PlasticElephant

If I really would have taken the bordeline delusional approach( definition of being really bullish about something; extreme faith) I would have probably made more money by not touching XRP and going allin on BTC at 10k/ ETH at 400$
I took the " logical" approach based on history and what XRP did in 2017
If trading would have been so easy a lot of people would be doing it, but in reality its hard and takes time to really understand the game and build your strategy/ system to beat the market. Im getting there step by step...
Valuable education is never cheap

I made diamond club elite playing NL50/100, 0 hands at NL200
Not the best way to end the month, -3 buyins last session before vacation

Last edited by oneselfishguy; 03-26-2021 at 08:49 PM.

03-26-2021 , 09:14 PM

#358

Kanaxis

Coach NLHE

Join Date: Jun 2016 Posts: 496

respect

03-27-2021 , 09:14 AM

#359

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

month of march results:

rake:15206$
50%:7514.5$
60%: 99.6$
leaderboard:4325$
hot tables: 885$
bonus 20k: 3006$
total rakeback:15830$
prerakeback result:+2254$
postrakeback result:+18.083$
tournaments: -471$
rakeback ~104% ( good bye 100%+ rakeback...)

profit poker: +17.612$
profit trading: +4.874$
profit total:+22.486$

My Statistics not very accurate, I wrote results everyday

Thanks for reading. Will probably not post for awhile... But will keep this open to post randomly

Last edited by oneselfishguy; 03-27-2021 at 09:31 AM.

03-27-2021 , 08:15 PM

#360

RobLucci

newbie

Join Date: Oct 2011 Posts: 22

Well done!

Huge difference in terms of rake with the hot tables.

what was your biggest prize ?

04-06-2021 , 12:03 PM

#361

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

got the elite benefits

so 40% of my monthly profit goal already realized

goal for the month is to do 10k rake to be on a easy pace for diamond club

04-06-2021 , 05:43 PM

#362

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,008

You update and don't even mention XRP? I'm impressed

04-08-2021 , 12:03 PM

#363

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

funny game this 100ff is

04-10-2021 , 09:49 PM

#364

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

yet Im winning decent this month, Im tilting so hard because of mistakes( should have had already 25k+ realized profit, but lack of patience...)
will probably end with another 20k$+ month( trading+ poker), but man oh man how much money there is in trading and how much opportunity there is...
hopefully will have 2-3 months of making good trades to take a break from poker and focus full-time trading
its so much fun going to the beach with your laptop and finding good spots to trade, rather than sitting at 3-4 AM in front of the monitor and playing with PSR( pio **** regs)

Last edited by oneselfishguy; 04-10-2021 at 10:12 PM.

04-11-2021 , 09:53 AM

#365

Twentythrees

journeyman

Join Date: Apr 2013 Posts: 259

Are you only Trading Crypto or focusing on Other stuff as Well?

04-11-2021 , 10:19 AM

#366

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Quote:

Originally Posted by Twentythrees

Are you only Trading Crypto or focusing on Other stuff as Well?

Poker, trading, trying to make a rental property, helping family with seasonal family business( agriculture) and trying to make in near future a stable all year round business so that my parents could move back to Moldova and have a stable income( they work 9-10 months/ year abroad and rest of the time they are in Moldova)

04-11-2021 , 10:35 AM

#367

Twentythrees

journeyman

Join Date: Apr 2013 Posts: 259

Quote:

Originally Posted by oneselfishguy

That's Sounds very good, diversificaton is always a smart move. I Wish you good Luck with the plan on Building a Business for your Parents so they can stay Home, i can relate to Something similar. That's shows a Lot of Heart.

My question was Bad written, i wanted to ask If you are only Trading Crypto or Other Instruments/equity as Well. My english sucks.

04-11-2021 , 10:41 AM

#368

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Quote:

Originally Posted by Twentythrees

only crypto trading

04-13-2021 , 12:16 PM

#369

Kanaxis

Coach NLHE

Join Date: Jun 2016 Posts: 496

xrp hype?

04-13-2021 , 04:48 PM

#370

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Quote:

Originally Posted by Kanaxis

xrp hype?

a lot of bullish news
after so much growth it wouldnt be surprsing to see next few days some -20-30% drops

Last edited by oneselfishguy; 04-13-2021 at 05:17 PM.

04-15-2021 , 01:03 PM

#371

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

yesterday payed taxes for 2020
hoping to sustain monthly profit 20k$+ till the end of year playing poker and trading crypto
everyday is a learning process...
last few days didnt do a single trade, just staring at the monitor and observing what is happening and I realized that taking 3-5% trades is probably the best way to trade( mostly buy/ long trades)
=> I would be very happy getting an avg 10-15% increase capital/ week for the next 3-6 months

Last edited by oneselfishguy; 04-15-2021 at 01:17 PM.

04-23-2021 , 05:40 PM

#372

benbeatbox

newbie

Join Date: Oct 2016 Posts: 15

Hey man, theres a thread going on now about players not getting dealt enough Cutoffs and Buttons: https://forumserver.twoplustwo.com/2...bu-co-1787901/
Could you take a look at your results and see if something like that is happening to you as well? This is something that seems to be happening exclusively at Fast Forward which is what you play.

05-08-2021 , 09:07 AM

#373

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

fun to run 4bb+ under EV last 100k, almost feels like partypoker is punishing me for achieving diamond club elite

thanks to 63% rakeback I still made a profit( no affiliate in april, from may again capped at +15%)

slowly making some profit trading

yearly withdrawals ~47k, so should consider this my profit for 2021 so far

Last edited by oneselfishguy; 05-08-2021 at 09:35 AM.

05-17-2021 , 04:41 PM

#374

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

partypoker rakeback 70%, 6 tabling

pokerstars rakeback ~50%, 4tabling( exclusive poker challenge) trying to build bankroll here to play mainly NL200z

its pretty crazy how bad I run at pokerstars, given it should be a softer game than at partypoker

thats how pokerstars welcomes me back I guess...

Last edited by oneselfishguy; 05-17-2021 at 05:01 PM.

05-31-2021 , 07:55 PM

#375

oneselfishguy

adept

Join Date: Jul 2012 Posts: 829

Im not even sure why I bother playing pokerstars, even when they offer me exclusive poker challenge...
For me partypoker software is better for playing 6 tables FF, I tilt when I play 6tables zoom at pokerstars
Actually playing without HUD is somehow easier and more enjoyable

70% rakeback in this graph, but most likely will hit 10k bonus so total rakeback should be 80% next couple of months( possible even more if my affiliate will give me more than 15% next few months)
P.S. someone took my nickname madplayermd after the partypoker nickname change its funny when I play and see this guy playing probably a fan?

Last edited by oneselfishguy; 05-31-2021 at 08:09 PM.

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